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Richard D. Falcone is a Certified Public Accountant with over 20 years of public company experience has joined its Board of Directors. Mr. Falcone is a senior finance/operations executive with an extensive and successful background in professional service, retail and technology companies, where he has established a strong track record of inspiring high revenue growth and profitability in both emerging and established companies.
Mr. Falcone launched his career in 1975 with PriceWaterhouse & Co. He joined Tiffany & Co. in 1983 where he served as Manager of Audit, Director of Financial Control and Director of International Finance and Operations, he was instrumental in restructuring the organization, completing several debt financings and its initial public offering. In 1990, Mr. Falcone joined Bed Bath & Beyond, Inc as its Chief Financial Officer, where he helped grow the company from $100 million to over $800 million in revenue, automated its operational and financial systems, and completed its initial public offering as well as a follow-on offering raising over $225 million. Mr. Falcone later joined Netgrocer.com as Chief Financial Officer, raised over $25 million in venture capital and was responsible for establishing the company's distribution operations. Since 2001, Mr. Falcone has served as Chief Financial Officer of The A Consulting Team, Inc., an IT service company where he has been instrumental in restructuring an operation that had lost over $30 million in a two-year period, into a profitable company. | 